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5533 US-90 Hwy - Pace

6.5 Acres of Commercial Land Offered at £959,184 in Pace, FL 32571

Investment Highlights

  • Heavy hwy traffic
  • New construction and business all around

Executive Summary

This purchase includes three separate parcels which has a combined total of 312 frontage feet on Hwy 90. There is a total of 4 income producing buildings. Two of them are being rented month to month by two separate businesses just off Hwy 90. The other two buildings are on the own parcel zoned residential with two income producing residential buildings facing Bostic Lane. All four buildings combine produce $4124.75 a month in rental income. No Value is given to the structures.
Parcels included in the sale:
18-1N-28-0000-04500-0000 zoned HCD
18-1N-28-0000-03400-0000 zone M1 and R1
18-1N-28-0000-03803-0000 zoned AG-RR

Property Facts

Price £959,184
Sale Type Investment
Sale Conditions
Deferred Maintenance
  • Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Apartment Units - Senior
  • Auto Dealership
  • Auto Repair
  • Carwash
  • Contractor Storage Yard
  • Convenience Store
  • Distribution
  • General Freestanding
  • Restaurant
  • Storefront, Retail or Residential
  • Single Family Residence
Total Lot Size 6.50 AC
Cross Streets Bostic Ln

1 Lot Available

Lot

Price £959,184
Price Per AC £147,567
Lot Size 6.50 AC

3 lots put together for large acreage on hwy 90

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-1N-28-0000-03400-0000
Land Assessment
£269,108
Improvements Assessment
£64,696
Total Assessment
£333,804
  • Listing ID: 33058479

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 5533 US-90 Hwy, Pace, FL 32571

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